October's First-Time Homebuyer Report for 93908 Zip Code

The population of the 93908 zip code is growing slower than the rest of California, at a 10-year growth rate of 2.2%. It's an average-sized zip code compared to the rest of the state, with 13,334 residents. Homes in the 93908 zip code are relatively old with a median age of 26 years. Heading the list of top schools in the zip code is Toro Park Elementary School.

Price Range

Some of the more expensive homes in California are in the 93908 zip code with a median home value of $475,000 and an average list price for available homes currently at $839,789. In this week's report, the number of homes sold in the 93908 zip code market slid to 15 over the past 30 days, a decrease of 11.8% from last week's report, but still above the monthly average.

Make sure you take a look at these eye-catching homes in the 93908 zip code that generated the most views from potential buyers:

$1.3M   $1.3M   $635K  

Typical Dwelling

A three-bedroom detached home valued around $725,326 is considered a typical dwelling in the 93908 zip code. If a buyer was looking for a similar home, they would need good credit and a $145,065 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,691 and the property tax rate is $6.03 per $1,000 of taxable assessed value.

Get started right now by checking out 93908 homes for sale or reviewing 93908 real estate trends.


Data reported through 10/13/2016

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